Lucid Shares Drop 57% After EV Maker Hires Restructuring Adviser
Lucid Group says it's working with restructuring advisers, but says rumors circulating in industry publications about a possible bankruptcy filing are “completely false.” The electric-vehicle
Lucid Group says it's working with restructuring advisers, but says rumors circulating in industry publications about a possible bankruptcy filing are “completely false.” The electric-vehicle maker's stock dropped 57% at one point on Tuesday, then recovered slightly.
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